Tower Loan reviews

3.5

63% would recommend to a friend

(452 total reviews)

Francis C. Lee

61% approve of CEO

61% positive business outlook

Tower Loan has an employee rating of 3.5 out of 5 stars, based on 452 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tower Loan employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

452 reviews
1.0
Jan 9, 2019

Do not even think about it.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay. Sometimes. Depends on what office they decide to ship you to.

Cons

First off, there is no job security. You will come to work every day feeling like you are going to lose your job (even if you are doing everything you can). You will have no personal life, work 25/8, you will have to drive your own vehicle and put all wear and tear on it that tower won’t pay for, and they do not care about their employees. Tower is money hungry and will replace you in a heartbeat if you’re not giving them the unrealistic numbers that they desire. The man above will shove numbers down your throat but you will never see any of them going to peoples houses to collect.

2.0
May 9, 2018
Recommend
CEO approval
Business Outlook

Pros

They pay managers and up really well. Vacation, if you’re friends with a supervisor you can leave any time you want for the day.

Cons

A CSR will be paid around $10-11 an hour. Someone doing the exact same job at another company will make $16-18, and that’s from seeing it firsthand. MTs will be fluctuating pay, which is unfair to them, since fluctuating pay was created for construction jobs, TL uses it and tries to justify it. “We will pay you for 40 hours even if you don’t work 40 hours, but we cut your overtime to only HALF your normal pay to compensate”. HELLO? MTs will NEVER work less than 40 hours a week. Unethical. These two cons don’t effect anybody in management so they don’t care. Surprise surprise.

Viewing 22 - 24 of 452 Reviews

Glassdoor has 456 Tower Loan reviews submitted anonymously by Tower Loan employees. Read employee reviews and ratings on Glassdoor to decide if Tower Loan is right for you.